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    Land

    1123 Burney Rd, Sugar Land, TX 77498

    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.29-acre parcel of land presents a unique opportunity for residential development in the desirable Sugar Land, Texas market. Located at 1123 Burney Rd, 77498, in Fort Bend County, this fee-simple property is zoned R1, allowing for a variety of residential construction possibilities. The land is part of a larger property currently owned by a church, and will be subdivided to create this individual lot. Its advantageous location offers proximity to several key amenities and landmarks. Residents will enjoy convenient access to Imperial Sugar and the Lake Estates of Sugar Mill community. Furthermore, the highly-regarded Sugar Mill Montessori School is directly across the street, providing a family-friendly environment. St. Martin Church is adjacent to the property, adding to the peaceful and established neighborhood character. This prime location, combined with the generous lot size and residential zoning, makes this an exceptional investment opportunity for builders or those seeking to create their dream home in a sought-after Sugar Land neighborhood. The property's coordinates are 29.63324968350094 latitude and -95.63833339533058 longitude. The asking price for this remarkable property is $850,000.

    Property profile
    Verified
    Property type Land
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • St Martins Lutheran Church Church
    • St Paul Presbyterian Church Church
    • Bluebonnet Home Scholars Collaborative High School
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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